Lockheed Martin to Expand Undersea Portfolio With Ultra Maritime Acquisition

Lockheed Martin will add Ultra Maritime’s sonar, sonobuoys, torpedo defense and autonomous maritime sensing capabilities Ultra Maritime’s portfolio will strengthen Lockheed’s anti-submarine and undersea warfare offerings The acquisition will expand support for U.S. and allied naval forces Lockheed Martin has signed a definitive agreement to acquire Ultra Maritime from private equity firm Advent for $3.45 billion,

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